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Marcellus Drilling News
  • Ascent Resources | Energy Companies | Industrywide Issues | M&A | Ohio

    Kimmeridge Joins Ascent Resources Bidding War with $6B Offer

    December 16, 2025December 16, 2025

    The bidding war is heating up for those interested in buying Ascent Resources, a privately held company focused 100% on the Ohio Utica Shale. Ascent is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. Kimmeridge Energy, a private investment firm focused on the energy sector (sometimes called an “activist investor” and/or corporate raider), has put an offer on the table to buy out and take over Ascent: $6 billion. This is the first hard number we’ve seen since the whole bidding war began last week. Read More “Kimmeridge Joins Ascent Resources Bidding War with $6B Offer”

  • AI | Electrical Generation | Energy Services | Industrywide Issues | Ohio | Williams | Wood County (OH)

    Will-Power to Build Third Facebook Gas-Fired Plant Near Toledo

    December 16, 2025December 16, 2025

    In early April, MDN brought you the exciting news that pipeline giant Williams, via its newly-minted subsidiary, Will-Power, is planning to build two Utica/Marcellus gas-fired power plants in the New Albany International Business Park in Licking County, Ohio, near Columbus, to power a massive new Meta (Facebook) data center complex (see Williams Subsidiary Unveils Plans for Gas-Fired Power Plant in Ohio). Construction has begun on those projects. Now comes word that Will-Power will build another (third) large gas-fired power plant project for Meta, this one in Bowling Green, OH, near Toledo. Read More “Will-Power to Build Third Facebook Gas-Fired Plant Near Toledo”

  • Energy Services | Industrywide Issues | Litigation | MarkWest Energy | Pipelines | Taxation | West Virginia | Wetzel County

    MarkWest Wins Court Case Lowering Tax Assessment for WV NGL Pipes

    December 16, 2025December 16, 2025

    Pipelines in West Virginia (like most other states) pay property taxes. It’s a significant revenue generator for counties. There are many pipelines in Wetzel County, including three NGL pipelines owned and operated by MarkWest (aka MPLX) that connect to the Mobley Gas Plant. In 2022, MarkWest filed a tax return for the pipelines showing a 35% reduction in value due to less-than-forecasted pipeline usage, a concept called “economic obsolescence based on inutility.” The County Assessor for Wetzel County challenged MarkWest’s claim. Read More “MarkWest Wins Court Case Lowering Tax Assessment for WV NGL Pipes”

  • Hancock County | West Virginia

    Hancock County Resident Tells Officials NatGas Can Save Schools

    December 16, 2025December 16, 2025

    Hancock County, WV, is located in the tippy top of the northern panhandle of West Virginia, surrounded by Pennsylvania on one side and Ohio on the other. Yet somehow Hancock County has been left out of the Marcellus/Utica bonanza happening all around it. It’s not like there isn’t good rock under Hancock. Every other county that touches Hancock has drilled M-U wells within the last year. However, we can’t find any permits for a single shale well in Hancock. Ever. What gives? Read More “Hancock County Resident Tells Officials NatGas Can Save Schools”

  • Energy Services | Industrywide Issues | M&A | National Fuel | Ohio

    NFG Sells $350M in Stock to Help Fund CenterPoint Ohio Purchase

    December 16, 2025December 16, 2025

    In October, National Fuel Gas Company, a large utility company headquartered in the Buffalo, NY area with both upstream and midstream subsidiaries (Seneca Resources and NFG Midstream), announced a deal with CenterPoint Energy to acquire CenterPoint’s Ohio natural gas utility business (CNP Ohio) for $2.62 billion (see NY’s NFG to Acquire CenterPoint’s Ohio NatGas Utility Business $2.6B). The deal includes 5,900 miles of distribution and transmission pipelines and serves approximately 335,000 residential, commercial, industrial, and transportation customers that consume approximately 60 Bcf of natural gas per year. The deal significantly increases NFG’s gas utility customer base, from roughly 750,000 to well over 1 million. NFG announced yesterday that it is floating approximately 4.4 million shares of new common stock at a purchase price of $79.50 per share (generating $350 million) to help pay for the deal. Read More “NFG Sells $350M in Stock to Help Fund CenterPoint Ohio Purchase”

  • Electrical Generation | Industrywide Issues

    Georgia Power Receives 2nd of 3 Gas Turbines at Chattahoochee Plant

    December 16, 2025December 16, 2025
    New natural gas turbine delivered to Georgia Power’s Plant Yates.

    We’re always looking for an excuse to use an Alan Jackson song like Chattahoochee (watch the video here). In August, we told you that Georgia Power has just received the first of three giant gas-fired turbines delivered to its Plant Yates, located on approximately 2,400 acres on the east bank of the Chattahoochee River in Coweta County, Georgia, southwest of Atlanta (see Georgia Power Receives 1st of 3 Gas Turbines at Chattahoochee Plant). Yesterday, Georgia Power issued a press release to announce it had recently taken delivery of the second (of three) turbines and that the company is on track to have all three up and running in late 2027. Read More “Georgia Power Receives 2nd of 3 Gas Turbines at Chattahoochee Plant”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Research

    GHG Satellites Focus on 21% Methane Emissions from O&G, Ignore 79%

    December 16, 2025December 16, 2025

    Private satellites are “revolutionizing” the tracking of methane, a supposed greenhouse gas, by pinpointing emissions from specific oil, gas, and coal facilities globally. Using high-resolution data from the GHGSat constellation of 15 methane satellites, researchers have identified over 3,000 individual sites releasing approximately 9 million tons of methane annually. This new method “bridges the gap” between broad national estimates and on-the-ground measurements, revealing that emissions are often intermittent and harder to track than previously thought. With top emitters in countries such as Turkmenistan, the U.S., and China, these detailed satellite observations provide crucial data to guide targeted mitigation efforts and improve climate change predictions. Just one teeny, tiny problem: GHGSat is looking at 21% of fugitive methane emissions and IGNORING the vast majority of fugitive emissions from other sources. Why? Read More “GHG Satellites Focus on 21% Methane Emissions from O&G, Ignore 79%”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Tue, Dec 16, 2025 [FREE ACCESS]

    December 16, 2025December 16, 2025

    OTHER U.S. REGIONS: Dominion Energy Charitable Foundation awards grants to 388 nonprofits; Blue states, high rates; New York utility says queue for large power users has tripled; NATIONAL: U.S. natural gas futures extend losing streak; U.S. oil slides to four year low; Tokyo Gas to invest in U.S. downstream assets; Nearly 1,400 natural gas stations to power clean transport growth in 2026; INTERNATIONAL: Baker Hughes, Hunt announce joint framework for redevelopment of mature O&G fields; USA emerges as world’s hydrocarbon superpower. Read More “MDN’s Energy Stories of Interest: Tue, Dec 16, 2025 [FREE ACCESS]”

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